Thursday

Nothing shocking in export sales, and the Dow churned but closed 22 higher, 19,875.  Bonds recovered 4 points and 21 tics to 172.20 as the financial markets are finally catching up.  Don't kid yourself, just because they get their house in order, don't expect them to be in a hurry to pass those savings from lower interest rates the government is giving them on to you.  Wheat the feature as the rest of the world is caught nervous for supplies, 535, plus 26 3/4 and back to the area that should have held as support when we took the fall earlier.  Corn up 10 1/4 to 345 1/2.  Beans gain 17 3/4 to 843 with spot meal up 10 dollars amid fears that all those beans and meal in SA may not be able to be shipped in a timely basis.  Rice appears to have finally rolled over, off 37 with a new spec caught for an extra 500 or so on the tops if my numbers are right.  1392. That still a long ways from where the commercials sold most of the futures.